Young Group, the Italian fintech active in crypto investment services, digital banking and the tokenization of real-world assets, has completed a €22.5 million capital increase led by the Azimut Group as lead investor.
The capital raised will support Young Group's development plan, with the aim of accelerating the build-out of an integrated platform that brings together, within a single ecosystem, crypto investment services, payments, digital accounts and tokenization of financial instruments and real-world assets.
The evolution of the company
The transaction comes at a stage of corporate and regulatory evolution for the Group. In recent months, the incorporation of the holding company Young Group S.p.A. was completed, bringing together under a single structure the activities of Young Platform, innovative start-up alumni of I3P and dedicated to crypto investments, and Fleap, a company specialized in the tokenization of financial instruments such as quotas, shares, SFPs, open-ended funds and closed-ended funds. Part of the proceeds will be allocated to strengthening Fleap's structure and developing its offering, in order to reinforce its positioning across the Italian and European markets.
Azimut's investment was made through a dedicated Luxembourg vehicle, which allowed clients served by the Group's network of financial advisors and wealth managers in Italy to access an investment opportunity in the fast-evolving digital financial asset sector.
The closing of the capital increase also follows the strengthening of the Group's regulatory profile under the European MiCAR Regulation, with a broad authorization that enables Young Platform to offer eight out of ten crypto-asset services – nearly the entire spectrum of regulated activities – positioning the Group as first in Italy by number and breadth of authorizations and eighth in Europe, and enabling operations through the European passport already used for the French market.
Following the transaction, Young Group's share capital includes Azimut and other institutional investors alongside the six founding shareholders - Andrea Ferrero, Alexandru Stefan Gheban, Samuele Raimondo, Andrea Carollo, Marco Ciarmoli, Daniele Rinaldi - who retain the managerial and strategic leadership of the company.
The growth of the project
Since its founding in 2018, Young Platform has already raised several rounds of investment: in 2021, it officially completed its first Series A round of €3.5 million, with United Ventures SGR as lead investor. Then, in 2022, the young company raised €16 million in a round led by Azimut - a few months later, the Innovative Companies Incubator of Politecnico di Torino awarded it "I3P Start-up of the Year" - and in 2024, the company closed a €2.65 million financing round, also led by Azimut. The latest fundraising round, completed in July 2026, surpassed previous figures and marked a new milestone in the company's history.
“This investment marks a new phase in Young Group's growth journey and strengthens our ability to execute a vision we have pursued since inception: to build a financial infrastructure where cryptocurrencies, banking services and tokenized assets coexist in a single experience that is simple, regulated and accessible”, said Andrea Ferrero, Co-Founder & Co-CEO of Young Group.
Giorgio Medda, CEO of the Azimut Group, commented: “This transaction is part of the Group's broader venture capital strategy, which has long paid close attention to the evolution of financial markets and to the role of digital assets and blockchain technologies. Young Group is a solid, fast-growing entrepreneurial project that stands out for its significant technological expertise and its strong focus on security and regulatory compliance. We are therefore pleased to take part in its development journey, convinced that it can compete successfully at both the national and European level, contributing concretely to the evolution of the digital finance ecosystem.”
